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Last $84.79 USD
Change Today -1.26 / -1.46%
Volume 50.1K
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

13595 Dulles Technology Drive

Herndon, VA 20171

United States

Phone: 703-984-8400

Fax: 703-984-8600

ePlus inc., through its subsidiaries, operates as an integrator of technology solutions. The company is engaged in selling, leasing, financing, and managing information technology (IT) and other assets. Segments The company operates through two segments, Technology and Financing. Technology This segment includes sales of IT products, third-party software, advanced professional and managed services, and third-party maintenance contracts and the company’s proprietary software. This segment’s subsidiaries include ePlus Technology, inc.; ePlus Systems, inc.; ePlus Content Services, inc.; ePlus Document Systems, inc.; and ePlus Technology Services, inc. Direct IT Sales: The company is a reseller of, or has the right to resell products and services from, approximately a 1,000 vendors. These products include hardware, software, software assurance, and third party services and maintenance. The company’s primary vendor relationships include Check Point Software Technologies Ltd.; Cisco Systems; EMC; Hewlett-Packard; McAfee, Inc.; NetApp; Oracle Gold Partner; Palo Alto Networks, Inc.; and VMware. Advanced Professional and Managed Services: The company provides a range of advanced professional and managed services to help its customers improve productivity. Its services include data center solutions enable customers to streamline operations, reduce complexity and costs, and simplify vendor management; network services that aim to improve network performance for its customers; security and wireless solution services help safeguard its customers’ IT infrastructure through environment analysis, risk identification, and the implementation of security processes; managed services enable customers to reduce costs and burdens of their day-to-day IT tasks while monitoring availability and performance; staff augmentation services provide customers with headcount options while allowing them to access talent, fill specific technology skill gaps, or provide short-term or long-term IT professional help; server and desktop support provides outsourcing services to respond to its customers’ business demands while minimizing overhead; professional services focused on cloud infrastructure, unified communications, collaboration, networking, security, audio and visual communications, storage and virtual desktop infrastructure; business intelligence and data management services help customers use critical business information by enabling companies to aggregate, normalize, cleanse and analyze their data; and project management services improve productivity and collaboration. Proprietary Software: The company’s software solutions could be used as a solution or be integrated as a component of a bundled solution. Its line of proprietary software products is called OneSource and consists of various products, such as OneSourceIT is online Web based software portal for customers purchasing IT equipment, software, and services from the company; OneSourceIT+ is an online Web based software portal for customers purchasing IT products from other suppliers and/or from the company; OneSource Procurement is a complete Web-based software to facilitate procurement of any type of asset; OneSource Asset Management is a software platform for managing and tracking corporate assets, including vendor maintenance contracts; OneSource Supplier Portal is a software application for catalog and content management used by customers and suppliers; and OneSource DigitalPaper is a document management software application. Financing This segment consists of the financing of equipment, software, and related services. This segment’s subsidiaries include ePlus Group, inc.; ePlus Government, inc.; ePlus Canada Company; ePlus Capital, inc.; ePlus Jamaica, inc.; and ePlus Iceland, inc. This segment’s offerings include leasing assets, financing products and business process services to facilitate the acquisition and management of technology and capital assets. Leasing and Financing: The company specializes in originating financing arrangements, including direct financing, sales-type and operating leases and notes receivable, and underwriting and management of IT

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